308 E Edgeware Road, Los Angeles, CA 90026
- $795,000
- 2
- BD
- 2
- BA
- 1,058
- SqFt
- List Price
- $795,000
- Status
- ACTIVE
- MLS#
- 26838913
- Year Built
- 1936
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 1,058
- Lot Size
- 4,179
- Acres
- 0.10
- Lot Location
- Rectangular Lot
- Days on Market
- 55
- Property Type
- Multifamily
- Stories
- One Level
Property Description
This income-producing duplex in prime Echo Park features two detached units and presents an exceptional value-add opportunity. The front unit is tenant-occupied, providing immediate and reliable cash flow, while the rear unit has been taken down to the studs and is ready for renovation. Both units share a functional one-bedroom, one-bathroom layout, offering a clear path to maximizing rental income. Once the rear unit is renovated and both units are leased at market value, the property has strong potential to generate positive cash flow. Separate entrances and gated access enhance privacy and appeal, all set in one of Los Angeles' most desirable neighborhoods known for strong rental demand. A rare opportunity to reposition and add value in the heart of Echo Park.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Adam Armienta (Adam@TheAltmanBrothers.com) from Listing Office: Douglas Elliman of California, Inc..
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